What is Coinbase?
Coinbase is recognized as the most user-friendly platform for acquiring, trading, and managing your cryptocurrency portfolio. To sweeten the deal, new users can begin their crypto adventure with a $5 Bitcoin bonus upon signing up, provided they meet specific criteria. Dive into the complexities of various cryptocurrencies while also having the chance to experiment with them firsthand. With its multifaceted features, Coinbase is an excellent entry point for anyone eager to start trading. You can seamlessly buy and sell popular digital currencies while tracking them all from a single dashboard. Moreover, you can implement a gradual investment strategy by setting up recurring purchases on a daily, weekly, or monthly schedule. For greater peace of mind, users have the option to safeguard their assets in a secure vault that includes time-locked withdrawals. Keep abreast of market developments through the Coinbase mobile app, which is accessible on both Android and iOS platforms. Most digital currencies are stored offline, enhancing their protection. Furthermore, cryptocurrency held on Coinbase servers is backed by extensive insurance to further ensure its safety. Catering to a broad spectrum of well-known digital currencies, Coinbase proves to be a flexible option suitable for investors of all levels. This platform not only empowers beginners but also offers advanced tools for experienced traders looking to optimize their strategies.
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Coinbase Customer Reviews
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Coinbase helps me keep my financial assets safe.
Date: Apr 10 2023SummaryIn general, Coinbase has made me feel quite comfortable because it has helped me keep my financial assets completely safe, thanks to this platform I have been able to store a large amount of assets safely, also, the important thing about this platform is that I can transfer some amounts of money without any type of restriction, this platform is completely free and allows you to store and send unlimited money. In addition, the identity verification system when taking cards for the first time is quite easy to complete and you can do it in just a few minutes, to have your account completely verified and that you can store money within it. In conclusion, I consider that my experience within this platform has been completely positive, I have been able to enjoy low commissions when converting currencies to CryptoCurrencies or when transferring money to any wallet address. Coinbase has given me a very secure system when it comes to storing my assets, I have been able to activate two-step security as well as login security, to keep my assets even more secure. I will continue to use this platform in the long term, as I believe it has done a lot in keeping my financial assets safe, and in providing me with a very good quality and very fast service for processing transfers.
PositiveCoinbase has been an exceptional service when it comes to storing large sums of money in a reliable way, that platform is using it for about three years, the main reason why they are used was because I wanted to keep my financial assets safe, this platform offered me the possibility of storing assets within the various wallets. One thing that I really liked about this platform is that it has the possibility to store NFT's within it, this platform offers me a section where I can store these non-expendable assets, which is fantastic since it helps that I don't have these assets. any type of loss and that they are stored safely. Another thing that I liked about this platform is the ability to easily exchange assets, I can exchange my local currency for any asset in the currency of another country or in Cryptocurrencies, it is very important since it allows me to exchange to any other currency or Crypto in a simple way and with very low commissions, it is important to highlight that this platform charges very few commissions when carrying out these currency conversations. Another positive aspect that can be found within this platform is regarding the general design, shape helps you to be able to position yourself correctly within it when handling it or when moving around within the different wallets. Again, your positive is that this platform takes very little time to correctly process money deposits, this platform allows you to deposit money from a debit or credit card, as well as using your bank account to make direct deposits, it only takes about five minutes to appear correctly in your Coinbase account, in addition, if you want to withdraw money within this platform, withdrawals are also processed quickly.
NegativeA negative effect that can be considered within this platform is with respect to the support service, it currently has no type of real-time support service, you cannot communicate with Coinbase support with an online chat, the only way to contact by email, and I must emphasize that contacting them through this means is quite late, since it takes a long time to answer the requirements. Another negative function of Coinbase is regarding the staking system that exists within this platform, this system is quite negative since it offers very few profits for its users, in addition, you must leave the coins frozen in that staking for a long time to receive a total profit percentage, therefore, I do not recommend Coinbase to use it as Staking.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Coinbase generates stability in the protection of financial assets.
Date: Apr 25 2023SummaryCoinbase has generated great profitability for my assets, thanks to this wallet I have been able to store a large amount of assets in a totally secure way, in addition, I have been able to configure additional security to my wallet, adding a two-step PIN security to protect these assets. In general, I have felt very comfortable because it has ensured that assets remain safe at all times, in addition, I have been able to transfer a large amount of assets to any recipient in seconds, there is no type of transfer limit, which allows me to transfer or mobilize my money to any wallet without any restriction. Another positive thing about this platform is the amount of money that you can store within it, in addition, the user support within Coinbase is exceptional, they attend to any type of requirement and solve any problem that occurs with your assets in a matter of minutes. since they have a live chat. I will continue to use this platform as my primary measure to store my assets and NFTs.
PositiveThe things I liked the most about Coinbase were:
1- It has an excellent asset exchange system, which allows you to exchange your local currency for any other currency that exists around the world, in addition, you can also exchange CryptoCurrencies within that platform, you can exchange your local currency in question of seconds, and best of all, this system charges very few commissions in this currency exchange.
2- It allows you to make payments to any email address in a matter of seconds, you can transfer any type of assets within the platform to any other user just by using their wallet number or their email, the transfer of assets is immediate, not additional time must be waited for the availability of this money.
3- You can store NFT assets within your Coinbase wallet, this is completely important since you can store any type of non-fungible Asset within this wallet without paying additional fees for storing them.
4- You can link your bank account to this platform and start buying all kinds of CryptoCurrencies by pressing a button, you do not have to use the same type of debit card or additional payment methods, you can start buying and selling any type of asset within Coinbase.NegativeThe things I don't like about this platform are:
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1- Low profits, this platform offers a very high profitability in the asset staking system, this means that if you leave your files frozen within this wallet with the option of generating annual profitability, the annual profitability percentage is extremely low within this platform, as there are much better platforms out there today that offer much better annual rates of return.
2- The thanks of the assets are not managed in real time, which makes it difficult to visualize them at an updated price. The price of each asset takes a while to update every minute, you have to wait to be able to make a correct visualization of an asset's graph. -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Great for newbies
Date: Feb 18 2022SummaryOverall it’s been a positive experience. I have made quite a few purchases and everything has been smooth. I would recommend it for anyone looking to get into the crypto space.
PositiveWhen I first downloaded Coinbase, I was a newbie in the crypto space. After just a few minutes of navigating the app, it was very easy to use and understand. In fact, I made my first crypto investment in minutes.
NegativeIn the beginning I was a little confused as to the difference between using Coinbase and Coinbase Pro app.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Great for starting out
Updated: Jun 11 2021SummaryOverall I think it’s a great application and was helpful for me to get started into the crypto space. Definitely would recommend to anyone looking to explore crypto currencies!
PositiveI like that it offered a variety of sources to help its users get more familiar with crypto currencies in general and get their feet wet.
NegativeTheir fees are pretty high, which is surprising because their user interface is one of the easiest for new users.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Secure Crypto Management You Can Trust
Date: Dec 01 2021SummaryI feel that Coinbase is secure and will not take off with anyone's crypto. Their fees are higher than others, but you can tell they put security at the front of their service.
PositiveEast to use interface and secure transactions. Easy to move assets around and in or out of your wallet.
NegativeHigher fees come at a cost of security. But well worth the secure environment that Coinbase provides.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Coinbase has helped me make easy money
Date: Jun 21 2021SummaryCoinbase is an easy to use crypto market that allows users to monitor the markets on the fly. You have to use Coinbase Pro for limit trades.
PositiveThis app is so simple to use. It has allowed me to make income I never dreamed possible. I highly recommend this software.
NegativeI understand why this is the case but I hate that there isn't an instant cash option.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Great features, but understandably bad support.
Date: Oct 11 2021SummaryStill one of the best ways to buy and sell crypto. Can't get much better, and it's only going up from here.
PositiveI like how easy they made the user interface. It's friendly, convenient and easy to use. The settings and instructions are clear.
NegativeAs I said in the title of this review, the customer support is not great. Very difficult to get an answer from a human being. I'm sure they're overwhelmed with all the influx of new customers, but they need to scale better.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Best Crypto Exchange
Date: Feb 12 2021SummaryOverall my experience with coin base has been great! I have been a member since 2016 and will not go elsewhere.
PositiveVery easy to use, fees aren't that bad to most also if you trade on pro. Able to send and receive money quick. Also able to send and receive crypto as well.
NegativeDoesn't have all the coins on the exchange but it's adding more and more each day.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Satisfactory, but not the best
Date: Oct 29 2021SummaryA good trading platform but lacks customer support. May be better soon but i am sticking with another platform for now.
PositiveGood UI/UX and is quick. Easy to setup and use and has a wide variety of cryptocurrencies available for trading.
NegativeCustomer support is extremely lacking. Challenge to even get a response from them beyond the automated donotreply emails.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Coinbase
Date: Apr 09 2021SummaryCoinbase is my primary resource that I use for investing in cryptocurrency. I would recommend it to others.
PositiveCoinbase works well for buying and selling cryptocurrency. It has lots of different cryptocurrency options.
NegativeI wish the fees were a little lower. Seems a little bit expensive.
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